Chairman of the Senate Committee on Diaspora and NGOs, Senator Aniekan Bassey, has been commended for his unparalleled support to academic research through grants that empower scholars across Akwa Ibom State, using his pet project, the RHAB-YESS Foundation.

Dr. Uduakobong Inyang, a lecturer in the Department of Insurance and Risk Management at the University of Uyo, has expressed deep appreciation to the Bassey for the ₦5 million research grant he received from the Foundation in September 2023.

The grant, according to Dr. Inyang, has been instrumental in driving groundbreaking research in the areas of Insurance, Risk Management, and Management Sciences.

Through the RHAB-YESS-funded grant, Dr. Inyang successfully executed and published multiple high-impact research works that now contribute to global academic knowledge and practical applications in Nigeria’s insurance industry.

Dr Inyang further mentioned the publications to include “Perceptive Influence of Purchasing Motor Vehicle Insurance Policy from Non-regulated Firms on the Performance of Insurance Industry in Nigeria: A Customer-Based Sentiment Analysis (Read here).”

Others include “Epistemological Schools of Thought and Risk Management Research (Read here); Exposures of Point-of-Sales Micro-Enterprises to Operational Risk in a Rural Area in Nigeria (Read here); and Employees’ Assessment of the Influence of Management Information Systems on Operational Efficiency of Insurance Companies (Read here).”

According to Dr. Inyang, the research grant not only facilitated the purchase of key materials and fieldwork activities but also opened doors for collaboration with scholars within and outside the University of Uyo, enhancing the visibility and impact of Akwa Ibom’s academic community on the global stage.

He emphasized that Senator Bassey’s commitment to promoting research, innovation, and intellectual development remains an inspiration to young academics who aspire to drive societal progress through knowledge creation.

“Your initiative of providing grants to support research as a means of empowering academics in your senatorial district vis-a-vis Akwa Ibom State is the first of its kind and highly commendable. The outcomes of these projects will meaningfully contribute to both academic knowledge and real-world solutions in insurance and risk management,” Dr Inyang noted.

Through the RHAB-YESS Research Grant, and many other initiatives of the Foundation, Senator Bassey has continued to demonstrate that empowering minds is the most sustainable form of empowerment, one that fuels innovation, transforms communities, and builds a knowledge-driven future for Akwa Ibom and Nigeria at large.

Media Unit

RHAB-YESS Foundation